Several years ago a corporation made an appropriation of retained earnings because of a building project. The

Question:

Several years ago a made an appropriation of retained earnings because of a building project. The building project was completed in the current year. What accounting entry will probably be made with respect to the appropriation?
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...